Employee development strategy essay

When done right, even though employee development requires investment (time, effort and financing) from the company, those investments will more than pay off over the longer-term. For instance, sometimes letting go of an employee with limited skills, or developing those skills to the organization’s standards, will both cost money.

Challenges in Employee Development As employee development depends upon the individual employee whether employee is willing to participate or not. Employee development also depends upon the organization culture, attitude of top management, and limited opportunities of promotion. (Elena P. 2000; Antonacopoulou 1996).

All-in-all, further developing an employee results in getting human assets up and running, to organizational standards, much more efficiently than onboarding or indoctrination training of freshly hired employees would. A carefully thought-out employee development strategy is important at multiple levels.

Adaptable employees are great at improvising solutions where employees with less-developed skills would simply accept the status quo. One of the benefits of having a well-defined employee development program is that it can equip employees to better handle the unexpected. 3.